Public Account

Language - English

Telugu Word - పొతుక్కణక్కు

Government-managed Financial Account. Example: The funds for the land acquisition were allocated from the public account, ensuring transparency and accountability in the process. A public account is a government-managed bank account used to record and track public funds, revenues, and expenditures. In the context of real estate, public accounts may be involved in transactions related to government-owned land, public infrastructure projects, or the collection of property taxes.